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The purchases consumers make indicate their desires to producers.

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8y ago

Their purchases
The purchases consumers make indicate their desires to producers.

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Q: Which of the following best describes how consumers let producers know what they want to buy and how much they are willing to pay?
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What statements best describes the results provided by market research?

Market research tells producers what consumers want and what they're willing to pay.Market research tells producers what consumers want and what they are willing to pay.


What best describes the results provided by market research?

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Consumers' purchases--- Apexvs.com


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Consumers' purchases


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Consumers are willing to pay a higher price for a good, so producers manufacture more of the good.


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Consumers’ purchases


The idea that producers make goods that consumers like and are willing to pay for is a principle of what economic systems?

market


True or false On the supply side of a market producers indicate to consumers what they are willing to sell in what quantity and at what price?

true


What do producers pay attention to in order to know what people want to buy and how much they willing to pay?

Consumers' purchases